There’s a fundamental distinction between strategy and operational effectiveness. MICHAEL PORTER EffectFundamentalOperationalStrategy
The U.S. is facing a structural competitiveness problem that is leading to the weakest economy we have seen in generations. MICHAEL PORTER CompetitionEconomyFaceGenerationStructureWeakness
The underlying principles of strategy are enduring, regardless of technology or the pace of change. MICHAEL PORTER ChangeEndurancePacePrincipleTechnology
The best CEOs I know are teachers, and at the core of what they teach is strategy. MICHAEL PORTER BestMyselfStrategyTeacher
The purpose of the corporation must be redefined as creating shared value, not just profit per se. This will drive the next wave of innovation and productivity growth in the global economy. MICHAEL PORTER CreationDefinitionEconomyGlobalProductionProfitPurpose
Operational effectiveness and strategy are both essential to superior performance. MICHAEL PORTER EffectOperationalPerformanceSuperior
Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs. MICHAEL PORTER FunctionPerformancePoorRiskStrategyWrong
In the vast majority of businesses, there is simply no such thing as “the best.” MICHAEL PORTER BestBusinessMajoritySimplicity
Strategy is choice. Strategy means saying no to certain kinds of things. MICHAEL PORTER ChoiceDeclineKindStrategy
The chief strategist of an organization has to be the leader – the CEO. MICHAEL PORTER LeadershipOrganizationStrategy
